S&P Global Ratings reaffirmed its AA+ credit rating for the U.S., saying that new revenue raised by the Trump administration’s tariffs will help offset the tax cuts authorized by the Republicans’ One Big Beautiful Bill Act. The credit ratings agency, which issued its new assessment of the nation’s fiscal health late Monday, said that it…
Director of National Intelligence Tulsi Gabbard says change upholds privacy of US users. Apple will no longer be forced to provide the United Kingdom’s government with access to American citizens’ encrypted data, Washington’s spy chief has said, signalling the end of a months-long transatlantic privacy row. Tulsi Gabbard, the United States’ director of national intelligence,…
The leader of Hull City Council said: ‘I’m appalled but not shocked that the Government has failed to act to protect these workers’ Vivergo Fuels’ site at Saltend Chemicals Park(Image: PA) Local politicians have reacted to the “devastating” news that the UK’s largest bioethanol plant, the Hull-based Vivergo Fuels is set to close. The closure…
Nevada faces worsening food insecurity amid SNAP changes – CBS News Watch CBS News High costs and cuts to federal government subsidies have made the nation’s food insecurity crisis worse. Andres Gutierrez reports on the struggle to put food on the table in Nevada. Source link
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong’s weather forecaster has issued an amber rainstorm warning signal, saying the city is expected to experience widespread heavy showers and…
When DeepSeek R1 launched in January, it sent shock waves through the tech world. Here was a large language model (LLM) capable of rivalling ChatGPT yet developed at a fraction of the cost. The breakthrough shifted global attention from Silicon Valley to Hangzhou, underscoring China’s emergence as a leader in artificial intelligence. This development was…
The Canada Industrial Relations Board declared a strike by 10,000 Air Canada and Air Canada Rouge flight attendants illegal Monday and ordered them back on the job after they ignored an earlier order to return to work and submit to arbitration. The strike at Canada’s largest airline entered its third day on Monday and is…
Wages still haven’t caught up with inflation, four years after the pandemic caused prices to soar and created a cost-of-living crisis for many households, a new study finds. Americans on average are earning 1.2 percentage points below the rise in the cost of living over the past four years, which means that the typical worker’s…
Check out the companies making headlines in premarket trading. Dayforce — The software stock surged more than 24% after people familiar with the matter told Bloomberg that Thoma Bravo is currently engaged in talks to acquire Dayforce and could do so in the coming weeks. Sunrun — Stock in the solar panel company gained 4%….
Narendra Modi, India’s prime minister, during the nation’s Independence Day ceremony at Red Fort in New Delhi, India, on Friday, Aug. 15, 2025. Bloomberg | Bloomberg | Getty Images Indian markets rallied on Monday as Prime Minister Narendra Modi’s recently revealed tax cuts extended a gift to a domestic economy that still faces the teeth…